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$3,000,000
Est. payment /mo
2,147 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,147 sqft
Price per Sqft $1,397
Subdivision Chilliwack Proper South
MLS Listing ID C8066809
Annual Tax Amount $18,326
Tax Year 2024
Property Description
- Attractive QSR Offering - Strong Corporate Covenant - NNN Lease - Central Location - Strong Growth Node Tenant: Starbucks Coffee Canada, Inc. I Lease Expiry: April 26, 2029 Renewal Options: 4 x 5 years I First renewal term@ $59 PSF, Remaining terms at Fair Market Value NOi: $127,650 I 12 months forward as of April 1, 2025 Price: $3,000,000 / Cap Rate: 4.25%
Location
Province BC
Community Chilliwack Proper South
Area Chilliwack
Zoning British Columbia Default Zone
Region Chilliwack
City Region Chilliwack
Building
Dwelling Type Retail
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Listed by Marcus & Millichap
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Zomorodian Real Estate Group
Team Leader | License ID: V99000
Team Leader License ID: V99000